In the cryptocurrency market, newbies often ask whether it is technology or luck that determines the success or failure of a trade. However, after ten years of immersion in the market, I firmly believe that mindset is the key to success. From the initial anxiety when entering the market to now being able to remain calm in the face of market fluctuations, I have witnessed many technical analysis experts suffer heavy losses due to psychological breakdowns, while some investors with average skills have steadily profited by mastering the patterns of the market. Today, I will share five practical trading strategies in the hope of providing some reference for everyone.



First of all, Bitcoin, as the market leader, usually dominates the overall trend. Most altcoins follow Bitcoin's fluctuations, with few independent market movements. Ethereum, as a project with strong fundamentals, can occasionally carve out its own market path. Investors need to pay close attention to Bitcoin's trend in order to determine the overall market direction.

Secondly, Bitcoin has a negative correlation with the price of USDT. When USDT appreciates, Bitcoin may face downward pressure; conversely, if Bitcoin rises significantly, consider exchanging it for USDT in a timely manner to lock in profits and avoid losses from subsequent pullbacks.

Third, price fluctuations often occur between 0-1 AM. Domestic investors can set low-price limit orders for the cryptocurrencies they want to buy before going to bed, while also setting high-price sell orders for the cryptocurrencies they hold. This way, they may gain unexpected profits by the time they wake up in the morning.

Fourth, 5 PM is an important observation time point. This time coincides with the activation of the American market, often leading to significant price changes. It is recommended that investors closely monitor market dynamics during this time to seize important investment opportunities.

In the end, the so-called "Black Friday" effect is not reliable. Although there have indeed been instances of significant declines on Fridays, there are also cases of increases or sideways movements. It is recommended that investors do not overly rely on this pattern, but instead focus on the actual market information of the day and make decisions based on their own strategies.

Overall, achieving stable returns in the cryptocurrency market is not reliant on luck, but rather requires a deep understanding of the market, grasping the rhythm, and maintaining a stable mindset. Whether you are a Newbie or an experienced investor, as long as you are willing to learn diligently and strictly implement trading strategies, even starting with small amounts of capital, there is an opportunity to achieve stable profits in this market. The key is to maintain patience, continue learning, and continuously accumulate experience through practice.
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BlockchainDecodervip
· 4h ago
Based on 7 years of paper tracking data, 68.3% of investors' losses are due to imbalanced trading psychology.
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DefiPlaybookvip
· 4h ago
According to the data model, the correlation coefficient between BTC price and USDT/CNY is -0.73, confirming the negative correlation effect.
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ChainComedianvip
· 4h ago
How can people who watch the market still sleep?
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All-InQueenvip
· 4h ago
Mindset is important, but unfortunately, I have already gone all in.
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BearMarketSurvivorvip
· 4h ago
Steady! Technical Analysis is mostly a trap, mindset is key.
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YieldWhisperervip
· 4h ago
saw this same pattern in 2017... psychological resilience is just copium for bad risk management tbh
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